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The Federal Reserve is set to announce its interest rate decision today at 21:00 GMT+2, with Fed Chair Jerome Powell holding a press conference 30 minutes later. According to Forex Factory, the market expects a rate cut to 4.25%-4.50% from the current 4.50%-4.75%. Analysts at Apollo Global Management, in their Economic Outlook, predict: → In […]

The post Forex Traders Await the Fed’s Decision appeared first on Action Forex.

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01/12/2024

Markets Weekly Outlook – US Dollar’s Fate Hinges on NFP as Fed Rate Cut Looms

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